Reconciliation of Governmental Funds Balance Sheet to Government-Wide Statement of Net Position Below is the June 30, 2024, governmental funds balance sheet for Collins County (in thousands): Additional information related to governmental funds (in thousands): 1. Governmental funds have capital assets with original cost of $500,000 and accumulated depreciation of $200,000. 2. Total accrued compensated absences are $50,000. 3. Total bonds payable outstanding is $320,000. 4. Accrued interest payable on bonds is $5,000. 5. Total pension and OPEB liability is $450,000. Internal service fund net position is $(8,000). Required Prepare a reconciliation of governmental funds fund balances to governmental activities net position as of June 30,2024. Note: Use a negative sign with your answers, when necessary to reconcile between "Fund balances" and "Net position." Required Prepare a reconciliation of governmental funt Note: Use a negative sign with your answers, Reconciliation of Governmental Funds Balance Sheet to Government-Wide Statement of Net Position Below is the June 30, 2024, governmental funds balance sheet for Collins County (in thousands): Additional information related to governmental funds (in thousands): 1. Governmental funds have capital assets with original cost of $500,000 and accumulated depreciation of $200,000. 2. Total accrued compensated absences are $50,000. 3. Total bonds payable outstanding is $320,000. 4. Accrued interest payable on bonds is $5,000. 5. Total pension and OPEB liability is $450,000. Internal service fund net position is $(8,000). Required Prepare a reconciliation of governmental funds fund balances to governmental activities net position as of June 30,2024. Note: Use a negative sign with your answers, when necessary to reconcile between "Fund balances" and "Net position." Required Prepare a reconciliation of governmental funt Note: Use a negative sign with your answers